The deal comes two weeks after B2W shareholders approved the sale of 2.38 billion reais in new stock, up to half of which will be subscribed by investment firm Tiger Global Management, giving the Brazilian retailer firepower to defend its share of the booming e-commerce market.

... business in Latin America, Madeira went up against established regional giants such as Brazil's MercadoLibre Inc and B2W Companhia Digital.Walmart.com Brazil grew into one of the largest e-commerce companies in th...

...though, as it picks up the pace of new store openings to meet a goal of 100 by the end of the year.
Electronics retailer B2W continues to lag behind peers as competition mounts and it struggles to deliver on a res...